15 February 2023 – 09:22 Central Euro Time

We’ve at present the Euro, Gold, Silver, Copper and Oil all below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is moderate-to-robust, Gold notably having traded already traded 105% of its EDTR (see Market Ranges) to as low as 1842. The Spoo is seeing its daily Moneyflow rhythm being whipsawed, having gone from Long to Short into Monday, Short to Long into Tuesday, and now Long to Short into today, reflective of lacking commitment to drive the S&P higher, (it now being “textbook overbought” through the past 23 trading days); still by Market Trends, the Spoo remains the sole component in positive linear regression, but with its “Baby Blues” lacking upside puff. ‘Tis a busy day for the Econ Baro with February’s NY State Empire Index and NAHB Housing Index, January’s Retail Sales and IndProd/CapUtil, and December’s Business Inventories.